Aman Fund

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​Aman Fund

Aman Fund is an Islamic equity fund, launched in 2006 to invest in a range of securities, mainly industrial, productive, and services stocks, along with Sukuks and GDRs of local registered stocks, and regional and international stocks.

The Shari'a board is set by Faisal Islamic Bank.

Diversified Risk

With an initial size of EGP 100 million, the fund's investments maximize regional and global exposure.

The fund may also invest in other Islamic mutual funds up to a maximum of 10% of its portfolio and not more than 5% of each mutual fund. The fund may invest in stocks up to a maximum of 10% of its portfolio and not more than 15% of each stock's market capital.

Investment Guidelines

Asset Type

Maximum Allocation

Sukuk

30% of portfolio

Equity

100% of portfolio

Sector s of production, industry and

Vital services

25% of portfolio

Other Mutual Funds

10% of portfolio

Subscription and Redemption

Daily subscriptions: Orders are taken throughout the week except on the last working day of each week.

Weekly redemption: Orders are processed on the first working day of each week.

Features

Fund Type

Islamic equity fund

Structure

Open-ended mutual fund

Inception Date

October 2006

Initial Size

EGP 100 million

Bank Sponsored

CIB and Faisal Bank

Fund Manager

CI Capital Asset Management

Base Currency

EGP

Minimum Subscription

1 investment certificate

Financial Year End

December 31

Subscription and Redemption

Daily subscription except last working day , weekly redemption orders only on the first working day of each week

Subscription Fee

0.25 %

Redemption Fee

0.25%

Duration

25 years

Investment Advantages

Investors can monitor the performance of their investment on the business pages of their weekly newspaper

The fund is allowed to invest in other similar types of Islamic mutual funds